NEW YORK, NY, October 08, 2009
/24-7PressRelease/ -- FundingPost (www.FundingPost.com) proudly announced today the winning companies from its sixth annual Pitching Across America competition.
FundingPost, which has been introducing entrepreneurs to investors for over 8 years, established the competition in which a panel of judges votes on hundreds of business summaries from emerging companies nationwide. The largest Venture Capital competition ever organized, this year's Pitching Across America (TM) was sponsored by Duane Morris.
"We are thrilled to announce the winners of our 6th annual competition!! It's a rough economy for the Entrepreneurial and Venture Industries. Competition for capital is tougher than ever," said Joe Rubin, Director, FundingPost. "The VCs and Angels have raised the bar for new investments, and it's apparent by the high quality of the winners that they have chosen this year."
The emerging companies were evaluated on a scale of 1 to 10. Judging criteria consisted of several key points including: the professionalism of the written summary, current stage of development (customers, revenue), competitive advantage and need in the marketplace, feasibility for success, and whether the company is "VentureWorthy."
The first-place winner this year is Ivy Exec, an Online recruiting firm that combines next-generation technology with white glove executive recruiting.
"We are delighted to be the winner of the Pitching Across America Competition. We look forward to attending FundingPost's events and meeting potential investors," said Elena Bajic, CEO, Ivy Exec. "I believe these events will provide an excellent opportunity for us to present our business."
FundingPost had an amazing panel of VC and Angel Investor judges this year voting on the companies.
"The FundingPost Pitching Across America competition did an incredible job in featuring some of the most promising companies and technologies out there, which are certainly some of the companies that will drive market growth and expansion for quite a number of years," said Carter Caldwell, Principal, Cross Atlantic Capital Partners. "Thanks to FundingPost for including me as a judge, because I was privileged to have had a chance to be introduced to these companies and get a sense for what is emerging across many different industries."
"It's good to see that entrepreneurialism is alive and well in America," said Elizabeth D. Sigety, Esq., Delaware Crossing Investment Group. "The diversity of industries, stages and approaches to business reflected in the business summaries of the competitors was impressive. Good luck to the winners and competitors for the future of their businesses."
"FundingPost allows the venture community to review many interesting deals in a short period of time," said Deepak Kamra, General Partner, Canaan Partners. "The consistent format allows VCs to quickly evaluate companies raising capital based on the criteria that are most important to them. Canaan Partners is happy to participate in this process."
First Place National Winner:
Ivy Exec (NY)
Online recruiting firm that combines next-generation technology with white glove executive recruiting. $100K+ in Revenue! $260K Raised from Founders and Angels.
Runner Up:
XCOM Wireless, Inc. (CA)
XCOM is a fabless semiconductor company with strong partners and a chip that improves wireless broadband devices.
Regional Winners:
RadioTraffic.com, Spinetronics LLC, XCOM Wireless, Inc., Camera Screen Laryngoscope, Inc./Pat. Med Devices, Zero Burn, Jobaba Inc., Tower of Babel LLC, CircleBuilder Software LLC, External Pharma Inc., The Independent Life Settlement Advisory Group LLC, EosHealth, Zimple Inc., Financial Modeling Solutions, Inc., Living Well-Assisted Living at Home, Medical Systems International, Walters Manufacturing Inc., LHL Ventures LLC, Mathematical Bio-Solutions Inc., Global Med Solutions, ProFACT Proteomics, Ball Semiconductor Inc., BuyGreen.com, NR 27, MBF Therapeutics, BoomCloud Inc., Sterile Containment Technology, Coronary Bypass Devices LLC, CANI Optical Systems, Safety Engineering International, nTerraCon, Ivy Exec, Dubay Ingredients LLC, Hydro Technologies Inc. of Michigan, Kollabnet, Inc., ComCam International Inc., UMS Healthcare, Cedar Valley Manufacturing, NeighborsHubs LLC, Global Trade Management, Fasprin Health, Electronic Sports, Fibertrek, Inc., 3DMedia, See Jane Run, Envisionier, SolarAMP LLC, MicroMed Cardiovascular Inc., Spearhead Innovations, Nelbee LLC, Premium Knowledge Group
The list of Investor Judges and the winning Companies can be found at http://www.FundingPost.com/pitch-america.asp
Premiere Sponsor: Duane Morris LLP.
Duane Morris LLP, a full-service law firm with more than 700 attorneys in 24 offices in the United States and internationally, offers innovative solutions to the legal and business challenges presented by today's evolving global markets.
Duane Morris helps companies navigate this volatile regulatory environment. With broad experience in various investment strategies, our Financial Services lawyers guide clients to the proper financing techniques, including, for example, securitizations, PIPEs and private REITs. Companies seeking financing require both sources of capital and investors with the fortitude to consummate the transaction. Duane Morris brings parties together and works closely with them to structure and close the deal. For more information, contact Peter W. Rothberg, (212) 692-1000, http://www.duanemorris.com.
About FundingPost.com
With over 9,500 CEOs and 620 Venture Capital Funds attending events in 18 cities nationwide; a Printed Dealflow Magazine; and a deal-exchange website with over 7,500 VC & Angel Investor members and over 110,000 companies, that has, on average, made an introduction of an Investor to an Entrepreneur every business day since its inception, FundingPost believes that it is important to reach investors in every medium possible - both online and offline. FundingPost has been responsible for Millions and Millions of dollars in Venture Capital Raised! For more information: http://www.FundingPost.com
- Contact:
Heather Coull
FundingPost.com
800-461-5509
press@fundingpost.com
Website: http://www.fundingpost.com
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